So you’ve begun the product development process. But there’s more to consider as a product manager. How do you know when you’ve built something sufficient as the initial product launch? How can you manage to continually iterate improvements to that product, once it’s been launched? Session Two addresses the challenge of delivering functionality with integrity!
The rise of AI in design - Are we losing creative control? IXDS Pre-Work Talk...Jan Korsanke
So you think art & design will remain sacred in a world of automation? Think again! AI is already being used as the creative force behind photo curation, website creation, and even to make Hollywood movie trailers.
With developments moving full steam ahead, at our November 14 Pre-Work Talk, we want to stop and take a look at the current state of pioneering AI technologies, and the effect it will have on design processes & human judgement.
Is AI set to become a true creative partner, a creativity killer, or will it replace designers all together!?
events
After his stand-out talk in Munich, we’re bringing our friend, Senior UX Designer Jan Korsanke, over to Berlin to shed light on the current state of AI-assisted design. He’ll be opening our eyes to the rapid pace of change, and how we can collaborate and empathize with our creative artificial counterparts.
Prompt Engineering - an Art, a Science, or your next Job Title?Maxim Salnikov
It's quite ironic that to interact with the most advanced AI in our history - Large Language Models: ChatGPT, etc. - we must use human language, not programming one. But how to get the most out of this dialogue i.e. how to create robust and efficient prompts so AI returns exactly what's needed for your solution on the first try? After my session, you can add the Junior (at least) Prompt Engineer skill to your CV: I will introduce Prompt Engineering as an emerging discipline with its own methodologies, tools, and best practices. Expect lots of examples that will help you to write ideal prompts for all occasions.
Important elements of this presentation are better covered in my later presentation titled "What Is Jobs-To-Be-Done?" I recommend that readers start with that.
Are you an innovator, entrepreneur or product manager? Do you want to understand what causes people to purchase, adopt and re-purchase products and services? This presentation gives you an introduction to Jobs-To-Be-Done—a theory of the market that seeks to answer these questions and more.
Ai and Design: When, Why and How? - Morgenbooster1508 A/S
This year, A and I became the probably most used letters in the alphabet. Time to reflect upon the role we play as designers in an increasingly AI-driven landscape.
10x THINKING: innovation mindset from googleAnnova Studio
One of the key elements of Google's innovation strategy is a 10x thinking mindset. This presentation gives an overview of why Google founders think it's important and what is a perspective shift
The concept of jobs to be done provides a lens through which we can understand value creation. The term was made popular by business leader Clayton Christensen in The Innovator’s Solution, the follow-up to his landmark book The Innovator’s Dilemma.
It’s a straightforward principle: people “hire” products and services to get a job done.
For instance, you might hire a new suit to make you look good for a job interview. Or, you hire Facebook to stay in touch with friends on a daily basis. You could also hire a chocolate bar to reward yourself after work. These are all jobs to be done.
Although companies like Strategyn and The Rewired Group have been using the JTBD for many years, the framework has gotten a lot of attention recently. I’ve been fortunate to have worked with JTBD in various contexts in the past, and I included the topic in throughout my new book, Mapping Experiences.
The rise of AI in design - Are we losing creative control? IXDS Pre-Work Talk...Jan Korsanke
So you think art & design will remain sacred in a world of automation? Think again! AI is already being used as the creative force behind photo curation, website creation, and even to make Hollywood movie trailers.
With developments moving full steam ahead, at our November 14 Pre-Work Talk, we want to stop and take a look at the current state of pioneering AI technologies, and the effect it will have on design processes & human judgement.
Is AI set to become a true creative partner, a creativity killer, or will it replace designers all together!?
events
After his stand-out talk in Munich, we’re bringing our friend, Senior UX Designer Jan Korsanke, over to Berlin to shed light on the current state of AI-assisted design. He’ll be opening our eyes to the rapid pace of change, and how we can collaborate and empathize with our creative artificial counterparts.
Prompt Engineering - an Art, a Science, or your next Job Title?Maxim Salnikov
It's quite ironic that to interact with the most advanced AI in our history - Large Language Models: ChatGPT, etc. - we must use human language, not programming one. But how to get the most out of this dialogue i.e. how to create robust and efficient prompts so AI returns exactly what's needed for your solution on the first try? After my session, you can add the Junior (at least) Prompt Engineer skill to your CV: I will introduce Prompt Engineering as an emerging discipline with its own methodologies, tools, and best practices. Expect lots of examples that will help you to write ideal prompts for all occasions.
Important elements of this presentation are better covered in my later presentation titled "What Is Jobs-To-Be-Done?" I recommend that readers start with that.
Are you an innovator, entrepreneur or product manager? Do you want to understand what causes people to purchase, adopt and re-purchase products and services? This presentation gives you an introduction to Jobs-To-Be-Done—a theory of the market that seeks to answer these questions and more.
Ai and Design: When, Why and How? - Morgenbooster1508 A/S
This year, A and I became the probably most used letters in the alphabet. Time to reflect upon the role we play as designers in an increasingly AI-driven landscape.
10x THINKING: innovation mindset from googleAnnova Studio
One of the key elements of Google's innovation strategy is a 10x thinking mindset. This presentation gives an overview of why Google founders think it's important and what is a perspective shift
The concept of jobs to be done provides a lens through which we can understand value creation. The term was made popular by business leader Clayton Christensen in The Innovator’s Solution, the follow-up to his landmark book The Innovator’s Dilemma.
It’s a straightforward principle: people “hire” products and services to get a job done.
For instance, you might hire a new suit to make you look good for a job interview. Or, you hire Facebook to stay in touch with friends on a daily basis. You could also hire a chocolate bar to reward yourself after work. These are all jobs to be done.
Although companies like Strategyn and The Rewired Group have been using the JTBD for many years, the framework has gotten a lot of attention recently. I’ve been fortunate to have worked with JTBD in various contexts in the past, and I included the topic in throughout my new book, Mapping Experiences.
Strategic design tools - patterns, frameworks and principlesoli shaw
Presented at UX Scotland June 2013.
"This talk covers how to create a strategic vision for a product / service, and then take that vision though a series of strategic design tools to guide its journey though production to release.
We will cover:
What strategic design is and why its important
How to create design principals for a project which can be used to aid feature ideas, prioritisation and design
Working with stakeholders to translate solutions back into requirements
Frameworks for collaborative design"
Three business basics to always remember! People don't care about your brand. They care about what you can do for them. Back to basics... Give people what they want, do it consistently and do it better than your competition.
Product Market Fit Presentation - May 2023 - Jeff BussgangJeffrey Bussgang
A systematic walk through of the journey to achieve product market fit by Jeff Bussgang, general partner at Flybridge Capital Partners and senior lecturer at Harvard Business School
Introduction to reasoning and design thinking.
Reasoning is associated with thinking, cognition, and intellect.
Design thinking is a deeply human process that taps into abilities we all have but get overlooked by more conventional problem-solving practices.
Lightning Talk #9: How UX and Data Storytelling Can Shape Policy by Mika Aldabaux singapore
How can we take UX and Data Storytelling out of the tech context and use them to change the way government behaves?
Showcasing the truth is the highest goal of data storytelling. Because the design of a chart can affect the interpretation of data in a major way, one must wield visual tools with care and deliberation. Using quantitative facts to evoke an emotional response is best achieved with the combination of UX and data storytelling.
A.I. Explore: Prompt Fundamentals, Book 1Brian Sykes
This is the FIRST edition of "A.I. Explore: Prompt Fundamentals" that was released September 29, 2022. It has since been revised in November of 2022 (for V4 of Midjourney), and totally rewritten in June 2023 (for V5 of Midjourney). The current edition is available for purchase at https://brianwsykes.gumroad.com/l/PromptFundamentals
"A business model is the proprietary methodology used to acquire, service, and retain customers.” -- Jim Muehlhausen Author “The 51 Fatal Business Errors and How to Avoid Them”
Mark Geene, CEO/Co-founder of Cloud Elements, presented "Lean Product Development" at Fort Collins Startup Week 2014. Check out the presentation for information on how to build a Lean startup. Based on principles from 'Lean Startup' by Eric Ries, 'Running Lean' by Ash Maurya and '500 Startups' by Dave McClure.
Strategic design tools - patterns, frameworks and principlesoli shaw
Presented at UX Scotland June 2013.
"This talk covers how to create a strategic vision for a product / service, and then take that vision though a series of strategic design tools to guide its journey though production to release.
We will cover:
What strategic design is and why its important
How to create design principals for a project which can be used to aid feature ideas, prioritisation and design
Working with stakeholders to translate solutions back into requirements
Frameworks for collaborative design"
Three business basics to always remember! People don't care about your brand. They care about what you can do for them. Back to basics... Give people what they want, do it consistently and do it better than your competition.
Product Market Fit Presentation - May 2023 - Jeff BussgangJeffrey Bussgang
A systematic walk through of the journey to achieve product market fit by Jeff Bussgang, general partner at Flybridge Capital Partners and senior lecturer at Harvard Business School
Introduction to reasoning and design thinking.
Reasoning is associated with thinking, cognition, and intellect.
Design thinking is a deeply human process that taps into abilities we all have but get overlooked by more conventional problem-solving practices.
Lightning Talk #9: How UX and Data Storytelling Can Shape Policy by Mika Aldabaux singapore
How can we take UX and Data Storytelling out of the tech context and use them to change the way government behaves?
Showcasing the truth is the highest goal of data storytelling. Because the design of a chart can affect the interpretation of data in a major way, one must wield visual tools with care and deliberation. Using quantitative facts to evoke an emotional response is best achieved with the combination of UX and data storytelling.
A.I. Explore: Prompt Fundamentals, Book 1Brian Sykes
This is the FIRST edition of "A.I. Explore: Prompt Fundamentals" that was released September 29, 2022. It has since been revised in November of 2022 (for V4 of Midjourney), and totally rewritten in June 2023 (for V5 of Midjourney). The current edition is available for purchase at https://brianwsykes.gumroad.com/l/PromptFundamentals
"A business model is the proprietary methodology used to acquire, service, and retain customers.” -- Jim Muehlhausen Author “The 51 Fatal Business Errors and How to Avoid Them”
Mark Geene, CEO/Co-founder of Cloud Elements, presented "Lean Product Development" at Fort Collins Startup Week 2014. Check out the presentation for information on how to build a Lean startup. Based on principles from 'Lean Startup' by Eric Ries, 'Running Lean' by Ash Maurya and '500 Startups' by Dave McClure.
No startup business experiences the same journey to success, but there are general stages that most companies move through as they grow:
1) Validation
2) Product Development
3) Commercialization
4) Scale/Growth
The Center for Entrepreneurial Innovation (CEI) helps its clients through these stages of business development and offers best practices for each stage. Represented by an amazing lineup of speakers, including Hart Shafer (Innovation Coach / Founder, Theraspecs), Eric Miller (Principal, PADT Inc.), Nate Curran (Entrepreneur-in-Residence, CEI) and Russ Yelton (CEO, Pinnacle Transplant Technologies, "The Startup Lifecycle" presentation offers unique insights and best practices for entrepreneurs growing their business.
Lean Product Development for Startups- Denver Startup Week Cloud Elements
Mark Geene, CEO/Co-founder of Cloud Elements presented "Lean Product Development for Startups" at Denver Startup Week 2013. Check out the presentation for information on how to build a Lean startup. Based on principles from 'Lean Startup' by Eric Ries, 'Running Lean' by Ash Maurya and '500 Startups' by Dave McClure.
At some point MVP will be behind you. If you don’t provide a ‘Whole’ Product, then you don’t have a sustainable product.
This material is from a series of talks I've given to Product Managers and Developers at our own company and externally
As technologists, we love to build things. And we sometimes forget that our customers (or potential customers) don’t care about what we’re building. They care about what they’re building, doing, or feeling. In this talk, we’ll explore methodologies that help us continually focus on our customers’ needs, building just enough to learn and iterate towards their desired outcomes. Coming away from this, you’ll have a few more tools in the toolbox for your lean startup.
Creating Irresistible Products in 4 Steps by Google Product LeaderProduct School
Main Takeaways:
- Why do some products die off and others take off?
- What are the 4 key disciplines of product management and how do they maximize the chance that your product will deliver value?
- How can you master the 4 key disciplines and become in the top 10% of PMs?
Recording available here: https://youtu.be/zZVoo5AbANI
As technologists, we love to build things. And we sometimes forget that our customers (or potential customers) don’t care about what we’re building-- they care about what they’re building, doing, or feeling. In this talk, we’ll explore methodologies that help us continually focus on our customers’ needs, building just enough to learn and iterate towards their desired outcomes.
Highest quality code in your SaaS project. Why should you care about it as a ...The Codest
We are launching a SaaS report dedicated to the whole SaaS market.
It is a useful pill of knowledge for the non-technical founders who are struggling with many challenges, especially the technological ones. In the report, we cover the specific problems/dilemmas such as:
- Is it worth making SaaS start-up if you are a non-technical founder?
- What are the biggest challenges to a non-technical founder?
- MVP as the most popular way to deliver product time to market
- Useful tips on how to build a SaaS product in 6 simple steps
Check out the report and make sure to eliminate common mistakes that can hurt your business. Are you a non-technical founder? Don’t worry!
In the short tutorial, you will learn how to successfully build a SaaS product with no programming skills.
Presented at Ford's 2017 Global IT Learning Summit (GLITS)Ron Lazaro
Presentation Details: The best way to think about product discovery is to think about it in relation to product delivery. It's not possible to build a product without doing both discovery and delivery. Discovery encompasses all the activities that we do to decide what to build. It includes all the decisions we make to decide what to build next, whereas delivery is all the activities we do to write code, package releases, ship products. It's how we deliver value to our customers.
Key takeaway for the participants will be to help them understand the difference between Product Discovery and Product Delivery and how to apply techniques in doing both.
Presentation on Lean Startup methodology for StartupQ8 meetup November 7th 2012. For more information on StartupQ8, visit http://startupq8.com
About the author: Mijbel F. AlQattan is a founding partner at Cubical Services, where he provides advisory and incubation services for startups (both technology and traditional). His areas of expertise include business model development, business plan analysis and financial analysis for startups. For more information, visit http://www.cubicalservices.com
Emilia Ciardi - MVP e start-up: anche oggi una feature domani - Codemotion Mi...Codemotion
Siete pronti per realizzare il Minimum Viable Product per la vostra mobile start-up? Da dove si comincia? Come identificare le features da includere? E come ci si assicura che il nostro MVP sarà effettivamente il primo passo verso un'app che ha tutte le caratteristiche per essere adottata dal suo target di utenti? In questo talk esploreremo insieme le strategie e gli strumenti che ci consentiranno di affrontare al meglio le sfide tipiche del processo di progettazione e realizzazione di un MVP e come possiamo adottare l'approccio Lean per realizzare una app di successo.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
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Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Attending a job Interview for B1 and B2 Englsih learners
Defining a Minimum Viable Product (MVP)
1. Defining a
Minimum
Viable
Product
NISO Training Series:
Agile Product and Project
Management for Information
Products and Services
Thursday, May 21, 2020
Eric Swenson
Swensonia Consulting | New York
e.Swenson@Swensonia.com | @eswensonia
https://www.linkedin.com/in/swensonia/
3. Agenda
Objective
Recap
MVP Demystified
Build, Measure, Learn
Execution and analysis
Demystify the MVP
Better understanding of how to adapt lean & MVP
principles to traditional environments
Inspire experimentation
Establish common lexicon
4. Recap:
Last week:
Agile Teams
Impact + Adapt
Kaizen = Improvement
Continuous Improvement
Adaptive teams
Interdisciplinary team
Leading vs. managing
Agile + Lean = true love
7. Liquid Lexicon
and the
Semantic
Traps
Agile ≠ Lean à Agile || Lean
They’re complementary.
Customer || User || Buyer || Patron
The entity you serve whose attention, time,
approval or money dictates the success of
your endeavor.
Product || Service || Your Business
A service is your product; your product might
be a service.…
product-market Fit
experiment
pivot
OKR
KPI
iterate
LOAF
UVP
lean
prototype
test
hypothesis
startup?
product management
8. Minimum
Viable
Product
The smallest amount of work you can do to test
your idea on real customers.*
The MVP helps you find your sustainable business
model through validated learning.
The MVP speeds up your learning process and saves
you money (in the long run).
MVP’s allow you to act boldly while minimizing risk!
Speed: Learn from your customers using the
product as soon as possible.
Learn. Adapt. (Or die trying.)
* AKA patrons, buyers, users….
9. “Some believe it’s anything you
can learn from…
[vs.]
Others believe it’s a scaled down
product that works just enough to
get customers to pay.”*
Key: Validated learning and
rapid experimentation are
fundamental common
denominators.
* Jaime Levy, author of UX Strategy, in conversation. See: www.jaimelevy.com
“The term has become bastardized. MVP has two definitions these days…”
11. Dropbox
“Concierge” MVP
No prototype, no functionality. A
representation of the style and value
of the service without investing in
technology or backend resources.
The 2008 Dropbox MVP fake-screencast simulation video by
CEO Drew Houston released helped launch the “explainer
video” revolution. It also generated massive conversion -- over
75,000 signups for a product that had not yet been built.
See the original simulation MVP here: https://youtu.be/7QmCUDHpNzE
Note: when researching, it is easy to mistakenly find the 2009 explainer; much unneeded energy is spent debating about this due confusion on this topic.
12. figshare
Piecemeal MVP
“An MVP model in which the
product is made by using existing
tools and solutions instead of
building a custom solution.”
figshare’s 2011 alpha & beta was a mashup of a
Wordpress front end and a Mediawiki backend
(the Wikipedia software)*
• Mark Hahnel Phill Jones
• The Difference Between a MVP and a Prototype. Andrej Gajdos. https://andrejgajdos.com/the-difference-between-an-minimum-viable-product-mvp-and-a-prototype/
13. Zappos
“Wizard” MVP
“In a Wizard of Oz test, customers
believe they are interacting with
the actual product, but behind
the scenes human beings are
doing the work.”
– Ries *
The Zappos MVP was an honorable ruse.
Similar to the Mechanical Turk (a fake chess-playing machine circa late
18th century), the site was built with minimal coding; there was no true
back-end fulfillment infrastructure.
Benefit: multiple hypotheses tested simultaneously + direct customer
contact
* The Lean Startup. Ries. P. 104
Image: https://en.wikipedia.org/wiki/The_Turk
14. Context
Matters:
Startup
vs.
Corporate
Startup or Innovation Hub: The purpose of a startup (or
innovation hub) is to find a sustainable business model.
No single North Star. Instead, set goals that help you on
each pivot.
(MVPs can help!)
Established Company: The purpose of the established
company is to ensure the ongoing relevance of its
business model and to adapt continuously in order to
ensure continuous growth and revenue.
North Star-driven; usually more fixed long-term
targets…but you can help change that!
(MVPs can help!)
*The books portrayed above are my top-pick desert island reads relative to each relevant environment.
15. An MVP is… …hard to do
…a test of a hypothesis
…an experiment
…a learning exercise
…a creative exercise
…a tool to establish product market fit
It could include:
A minimum feature set (“Piecemeal”)
Working code
A fake (“Wizard”)
A video (”Concierge”)
Whatever is necessary to fit the criteria:
minimum and viable
16. An MVP is
not…
…easy to do
…a “special” or “gold plating”
…something produced to satisfy an executive
mandate to release a “minimum” set of features by
a specific date, with a specific set of arbitrary KPIs,
OKRs, etc. derived by the Strategy Group, the
Analytics Department, the creative director or
anyone who isn’t in direct contact with customers
(and that had better be YOU)
…a “special”
…graded as simply a success or failure
…an excuse to deliver crap
18. Recap
MVP is an experiment performed to collect the
maximum amount of validated learning from customers
with minimal effort
It’s all about getting your experiment into the hands (or
bodies) of customers
Both startups and existing companies/organization need
the same thing: ongoing, consistent, rapid validated
learning.
“It is not necessarily the smallest product imaginable,
though; it is the fastest way to start learning how to
build a sustainable business with the minimum amount
of effort.” - Ries
* How DropBox Started As A Minimal Viable Product. Ries. TechCrunch. https://techcrunch.com/2011/10/19/dropbox-minimal-viable-product/
23. • Customer Segments
• Problem
• Revenue Streams
• Solution
• Unique Value Proposition
• Channels
• Key Metrics
• Cost Structure
https://leanstack.com/
Tip: The Lean Canvas
24. Identify the
customer and
define the
problem
Do you know who your customer is?
What are their pain points?
What could you do to relieve that pain?
Your MVP should help you on your way to
product/market fit
Engage your team.
“When a great team meets a lousy
market, market wins. When a lousy
team meets a great market, market
wins. When a great team meets a
great market, something special
happens.”
Andy Rachleff
Venture Capitalist
Rachleff quote from Tren Griffin’s blog 25iq. https://25iq.com/2017/02/17/a-dozen-lessons-about-productmarket-fit/
25. Screenshot: Strategyzer Value Proposition Canvas: strategyzer.com
Illustrations: Value Proposition Design
Tip: Use the Value Proposition
Canvas to identify & define
customer pain points and pain
relievers (your MVP)
Can’t parse OA
from payOA facet
LIS, A&I or
CRIS
Researcher
OA facet w/ full-text
Time saved!
26. A hypothesis is a leap of faith (LOAF) but it is
investigated, tested and evaluated using facts
and the scientific method.
By prioritizing your hypotheses, you will see
which ones will return the most value when
tested.
Chart from: MVP Analysis Case Study and Workbook. Ries. See: www.thestartupway.com
28. 1) Build a simple version of your product idea
1) Prototype
2) Smoke Test
2) Put it in front of real customers (the market)
1) Collect feedback
2) Measure interest
3) Learn
1) 5 whys
2) Iterate, pivot – or kill
Build
MeasureLearn
Build, measure, learn, build, measure, learn, build, measure, learn…quickly.
Execution: Build, Measure, Learn*
* Also referred to as “Test, experiment and learn”
29. Learn
MeasureBuild
Planning works in reverse:
You must figure out what you need to
learn before you can figure out what to
measure and what you need to build to
satisfy those needs.
Planning: Learn, Measure, Build
32. Recap:
Build, measure, learn
Planning and documentation are essential in
agile and lean product development
Context is everything:
Startups: MVPs inform business models
Existing products/companies/services: MVPs
inform growth, evolution
34. Understand
your
customer
Push
Pull
Inertia
Friction
Global Pandemic leads to
lower enrollment, budget
cuts, etc.
Argue and negotiate
Expectation of status quo; assumed enrollment
dips would be manageable because of statistical
forecasts performed by the Strategy group.
Fear of layoffs, job losses and crashing enrollment.
Couldn’t find their institution’s authors, papers.
Couldn’t find links to OA text
Save the business.
Bring customers joy and
comfort
Extended payment plan; great APR
Developed preprint validation
engine and agreed to reduce
fees 25%
No. Board of Directors refused
and expects customer to sell
blood to pay for old product
Negotiate with Sci-Hub.
Meeting with Alexandra
Elbakyan on Zoom tomorrow.
Source: www.leanstack.com
35. Vet your
assumptions
• EXAMPLE ASSUMPTIONS FOR AN A&I
PRODUCT:
• Researchers care about whether or not
an article is labeled open access when
that is the case
• Researchers will return to the site more
frequently if they think the product is
sympathetic to OA content and provides
links to freely available OA content
• Researchers want access to data sets
associated with article level content
• This will be easy and cheap to do
36. Design and
document the
experiment
(your MVP)
• What is your hypothesis?
• What will you learn from testing it?
• How will you measure the outcome?
• What is the minimum feature/product
you can build in order to test and learn?
37. Design an Experiment:
Document assumptions + Articulate future condition
Chart from: MVP Analysis Case Study and Workbook. Ries. See: www.thestartupway.com
38. Learn, Report, Analyze, Decide
Chart from: MVP Analysis Case Study and Workbook. Ries. See: www.thestartupway.com Experiment Report Source: www.leanstack.com